Report shows appetite for Australian seafood

A recent report shows that the Australian fishery and aquaculture production is growing Photo: AFMA

The gross value of Australian fishery and aquaculture production has grown to over A$3bn in 2016/2017 according to a recent report.

The Australian Fisheries and Aquaculture Statistics report is produced by the Australian Bureau of Agricultural Resource Economics and Sciences (ABARES) and government minister Richard Colbeck said that the growth shows a strong appetite for Australia’s high quality seafood.

“Australia produces some of the highest quality seafood in the world, and it’s no wonder that our fishery and aquaculture industries continue to grow,” said the assistant minister for agriculture and water resources.

The value of commercial fishery and aquaculture production has increased by nine per cent in a decade with aquaculture production now valued at A$1.35bn. The increase is largely attributable to the higher production value of salmonids, which increased by five per cent to A$756m.

“Australia has a reputation as a global leader in effective and sustainable fisheries management, and I am proud to say that this year, for the fifth year in a row , no solely Australian government-managed fish stock has been classified as subject to overfishing,” added Mr Colbeck.

LATEST PRESS RELEASES

A progressing cavity pump with EHEDG certification – is that really new?

The EHEDG (European Hygienic Engineering & Design Group) was founded in the last century at the end ... Read more

Economic and environmental advantages of the two-speed gearbox

Finnøy Gear & Propeller’s two- speed gearbox is used on vessels with large differences in power need... Read more

Leading specialist in design and manufacturing of gearboxes and propellers invests in CNC lathe for future product development

Norway- based Finnøy Gear & Propeller have recently invested in a new high- performance CNC lathe ma... Read more

MACDUFF SHIP DESIGN LOOKS FORWARD TO A BUSY 2019

Macduff Ship Design have over the past 10 years spent considerable time specialising in the design o... Read more

Kinarca participated in the construction of the most ecological, efficient freezing trawler.

Kinarca participated in the construction of the most ecological, efficient freezing trawler with gre... Read more

CORDEX ON A PERMANENT AND SUSTAINABLE GROWTH.

Cordex maintains a permanent stable growth on its CordexAqua segment – Ropes and Yarns for Fishing &... Read more

View all